Yuezhianmian (Kimi) said on Aug. 14 that it has reported suspected criminal conduct to police after discovering fake fundraising activity carried out in the company’s name. The company said there is no such thing as a "friend fund" or "special channel," no "old share allotment" or "reserved quota," and no "official agent" or "authorized intermediary." It urged market participants to be cautious about related misinformation and suspicious transactions, and said it will pursue responsibility to the end.